645C.600 - Applicability.

645C.600  Applicability.  The provisions of NRS 645C.600 to 645C.740, inclusive, do not apply to:

      1.  A person, limited-liability company, partnership, association or corporation other than an appraisal management company which, in the normal course of its business, employs persons for the performance of real estate appraisal services; or

      2.  An appraisal management company that enters into not more than nine contracts annually with independent contractors in this State.

      (Added to NRS by 2009, 1514)

      NRS 645C.610  Disposition of money collected.  If the Commission imposes a fine or a penalty or the Division collects an amount for the registration of an appraisal management company, the Commission or Division, as applicable, shall deposit the amount collected with the State Treasurer for credit to the State General Fund. The Commission may present a claim to the State Board of Examiners for recommendation to the Interim Finance Committee if money is needed to pay an attorney’s fee or the cost of an investigation, or both.

      (Added to NRS by 2009, 1513)